CART icon

Maplebear

50.32 USD
+1.11
2.26%
At close Feb 10, 4:00 PM EST
After hours
50.32
+0.00
0.00%
1 day
2.26%
5 days
3.84%
1 month
13.77%
3 months
5.40%
6 months
55.50%
Year to date
16.91%
1 year
83.78%
5 years
49.32%
10 years
49.32%
 

About: Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has about 8 million monthly active users (or orderers) on its platform.

Employees: 3,380

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 14 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

56% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 52

32% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 82

21% more capital invested

Capital invested by funds: $6.21B [Q2] → $7.5B (+$1.29B) [Q3]

9% more funds holding

Funds holding: 288 [Q2] → 314 (+26) [Q3]

8% more call options, than puts

Call options by funds: $91.4M | Put options by funds: $85M

0% more funds holding in top 10

Funds holding in top 10: 20 [Q2] → 20 (+0) [Q3]

0.66% less ownership

Funds ownership: 73.01% [Q2] → 72.35% (-0.66%) [Q3]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$37
26%
downside
Avg. target
$51
2%
upside
High target
$60
19%
upside

14 analyst ratings

positive
64%
neutral
36%
negative
0%
Morgan Stanley
Brian Nowak
88% 1-year accuracy
28 / 32 met price target
13%downside
$44
Equal-Weight
Maintained
13 Jan 2025
Wells Fargo
7%downside
$47
Equal-Weight
Initiated
10 Jan 2025
Needham
Bernie McTernan
74% 1-year accuracy
99 / 134 met price target
11%upside
$56
Buy
Upgraded
17 Dec 2024
Loop Capital
Rob Sanderson
82% 1-year accuracy
42 / 51 met price target
11%upside
$56
Buy
Maintained
9 Dec 2024
Deutsche Bank
Lee Horowitz
90% 1-year accuracy
9 / 10 met price target
26%downside
$37
Hold
Initiated
3 Dec 2024

Financial journalist opinion

Based on 13 articles about CART published over the past 30 days

Neutral
PRNewsWire
19 hours ago
Instacart's Smart Trolleys are Now Available at Coles Supermarkets in Australia
Coles Supermarkets is the first retailer in the Asia Pacific region to deploy Caper Carts, Instacart's AI-powered smart trolleys SAN FRANCISCO and MELBOURNE, Australia , Feb. 10, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, and Coles Supermarkets (ASX: COL), one of Australia's leading retailers, today announced the rollout of Caper Carts, Instacart's AI-powered smart trolleys, at its Richmond Traders location in Melbourne. Customers can now shop smarter, bag as they shop, and pay directly on the Coles Smart Trolley for a seamless in-store shopping experience.
Instacart's Smart Trolleys are Now Available at Coles Supermarkets in Australia
Neutral
PRNewsWire
3 days ago
Philadelphia Locals Get Surprise Big Game Grocery Deliveries by Instacart
Groceries delivered in Oscar Mayer Wienermobile by Green Giant, Cheetos® Chester Cheetah®, The Kool-Aid Man, and The Pillsbury Doughboy™ PHILADELPHIA , Feb. 8, 2025 /PRNewswire/ -- Ahead of Sunday's Big Game, Instacart is enlisting extra help on game day grocery deliveries throughout the City of Brotherly Love. Instacart's first-ever Super Bowl commercial is transforming into an incredible live event – get ready to witness a grocery delivery like never before.
Philadelphia Locals Get Surprise Big Game Grocery Deliveries by Instacart
Neutral
PRNewsWire
1 week ago
Instacart Delivers Its First-Ever Super Bowl Ad, with Help from a Few Iconic MVPs
Beloved grocery brand mascots — including icons from past Super Bowl commercials — unite to show how Instacart takes care of your groceries so you can savor precious family time SAN FRANCISCO , Jan. 30, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today unveiled its first-ever Super Bowl commercial , which will air during the second quarter of the Big Game on Sunday, February 9, 2025. Entitled "We're Here" the 30-second spot brings together beloved icons from America's favorite grocery brands — including breakout stars from the most legendary Big Game ads of years past — for one epic delivery that is only possible with Instacart.
Instacart Delivers Its First-Ever Super Bowl Ad, with Help from a Few Iconic MVPs
Positive
Seeking Alpha
1 week ago
Maplebear Inc. D/B/A Instacart: Upgrade To Outperform
Instacart is rated as a long-term buy, expected to outperform in 2025 with a target price of $53 per share, potentially reaching $60. The company's growth is driven by strong revenue, data-driven expansion, and new and deepening partnerships with retailers that will increase profits, EBIT, net income, and free cash flow. Instacart's Q3 '24 financial highlights include a 14% increase in GAAP gross profit and a 39% rise in adjusted EBITDA, showcasing robust performance.
Maplebear Inc. D/B/A Instacart: Upgrade To Outperform
Neutral
PRNewsWire
2 weeks ago
BrightFarms Partners With Instacart To Stave Off Resolution Quitters Via Free Salad Kits
Committed To Helping People Eat Clean & Green™ in 2025, BrightFarms' Crunch Kits Will Come Free With an Instacart Order on Thursday, January 23 IRVINGTON, N.Y. , Jan. 23, 2025 /PRNewswire/ -- BrightFarms, a national leader in the indoor farming industry, today announced a campaign with Instacart (NASDAQ: CART), the leading grocery technology company in North America, to deliver free salad kits* following Quitters Day.
BrightFarms Partners With Instacart To Stave Off Resolution Quitters Via Free Salad Kits
Positive
Zacks Investment Research
2 weeks ago
JD or CART: Which Is the Better Value Stock Right Now?
Investors interested in Internet - Commerce stocks are likely familiar with JD.com, Inc. (JD) and Maplebear (CART). But which of these two stocks presents investors with the better value opportunity right now?
JD or CART: Which Is the Better Value Stock Right Now?
Neutral
PRNewsWire
2 weeks ago
Instacart to Report Fourth Quarter and Full Year 2024 Financial Results on February 25, 2025
SAN FRANCISCO , Jan. 21, 2025 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its fourth quarter and full year 2024 financial results after market close on Tuesday, February 25, 2025. The company's fourth quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.
Instacart to Report Fourth Quarter and Full Year 2024 Financial Results on February 25, 2025
Positive
Schwab Network
3 weeks ago
The Big 3: CART, LMND, ROKU
It's a bullish-leaning Big 3 with @ProsperTradingAcademy's Mike Shorr offering example options trades in Maplebear (CART), Lemonade (LMND) and Roku Inc. (ROKU). Rick Ducat dives into the technical trends.
The Big 3: CART, LMND, ROKU
Positive
Zacks Investment Research
3 weeks ago
Why Maplebear (CART) is Poised to Beat Earnings Estimates Again
Maplebear (CART) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Maplebear (CART) is Poised to Beat Earnings Estimates Again
Neutral
GeekWire
4 weeks ago
Instacart and Uber file appeal in driver deactivation lawsuit against City of Seattle
Instacart and Uber aren't letting up in their fight against a new law in Seattle.
Instacart and Uber file appeal in driver deactivation lawsuit against City of Seattle
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